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Why aren't millennials buying houses? They can't afford it.

When the economy bounced back, millennial salary prospects didn't.

Have you seen this guy?

Memes from here and here.


Friends, meet "Old Economy Steve."

On the Internet, Steve has become the judgmental, clueless baby-boomer embodiment of millennials' worst money-related frustrations.

Who is he, exactly? Well, Old Economy Steve knew how to pull himself up by his bootstraps. He graduated from college without student debt, immediately got a high-paying job, and plans to retire with a pension. He just can't understand why those lazy millennials are living with their parents and still unemployed. (Spoiler: Old Economy Steve is kind of a jerk.)

Of course, Old Economy Steve is really just the fictionalized version of millennial financial anxieties. (And, by the way, it seems like the real "Steve" in the photo is actually a down-to-earth guy). I'd like to think most boomers are a little more compassionate toward us young folk than he is, too, but his meme definitely reflects the discomfort that many millennials have with their money situations right now.

Well, then. Thanks, Google.

What do I mean by “millennial money situations?"

You've heard it all before, so sing along if you know the words: Millennials aren't buying houses, they're not buying cars, they're not saving for retirement, and sometimes they're not even moving out of their parents' basements.

Is all of this because millennials are lazy? Entitled? Coddled? Snake people? Poor planners?

Not quite. A lot of folks would argue that it's because millennials have no money (check out that point of view in an article from the New York Times earlier this year). Here are a few truth bombs that might explain what's going on:

1. Millennial wages aren't just frozen — they're actually shrinking.

Many millennials were either in college or about to graduate when the recession hit hard. Lots of employees across the U.S. were let go — not exactly the best economic climate when you're looking for your first job.

And while the economy bounced back, their salary prospects did not. As The Atlantic pointed out last year, average wages for young people have fallen by 10% in many industries since 2007. Add that to the fact that many millennials live in big cities with extremely high rents and high costs of living because that's where the jobs are.

Just to put it in perspective, the average male student graduating from college in 1979 made an hourly wage of $19.97 (adjusted for inflation). For 2010 graduates, the average hourly wage was $21.77 — down almost a dollar from 2000. And female graduates make even less than that. You can point that out to them when they ask why you're not planning on buying a house in your 20s.

So we're not getting paid as much as previous generations of young adults were getting paid, we live in places where it's not really feasible to buy a home, and of course…

2. Student loans eat up a hefty chunk of whatever income millennials have left.

The average student loan debt for the class of 2011 was $26,600. Most of those students are living under the shadow of that debt for years, sometimes even decades.

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Say hello to Sallie Mae (she's on the left.)

Experts posit that millennials are less likely to be homeowners than previous generations mostly because all of their cash is going toward paying off their debt. Most are unable to save.

But there's one more piece of information that might surprise you about millennials' finances:

3. We're finding ways to fix the problem.

I'm going to speak for my generation for a second here: Just because we're young, it doesn't mean we're lazy. We haven't given up yet. In fact, a lot of us are finding some really creative solutions to cope with the changing economy.

Like what? Like tiny houses. These little homes are inexpensive, energy-efficient, and quickly becoming a trend. And in the future, we might even see apartment-like buildings made of mobile “smart homes."

Tiny homes! Image from Guillaume Dutilh on Wikimedia Commons.

We're also being smarter about our health care costs, thanks in part to the Affordable Care Act. The uninsured rate for young folks is lower now than it's been since before 1997.

And we're putting pressure on our lawmakers to get real about paralyzing student loans. There's no reason interest rates on student debt should be so high, and some elected representatives and candidates are speaking up about it.

So, lazy? Entitled? Coddled? Snake people? Poor planners? Not quite.

Unable to keep their heads above water? That seems more like it. Admittedly, there's a lot of systemic work still to be done for millennials and their financial security. I'm in the thick of it with all the rest of you.

But there's also a lot that we're already doing — because just like every other generation, we want control over our futures.

Nature

Pennsylvania home is the entrance to a cave that’s been closed for 70 years

You can only access the cave from the basement of the home and it’s open for business.

This Pennsylvania home is the entrance to a cave.

Have you ever seen something in a movie or online and thought, "That's totally fake," only to find out it's absolutely a real thing? That's sort of how this house in Pennsylvania comes across. It just seems too fantastical to be real, and yet somehow it actually exists.

The home sits between Greencastle and Mercersburg, Pennsylvania, and houses a pretty unique public secret. There's a cave in the basement. Not a man cave or a basement that makes you feel like you're in a cave, but an actual cave that you can't get to unless you go through the house.

Turns out the cave was discovered in the 1830s on the land of John Coffey, according to Uncovering PA, but the story of how it was found is unclear. People would climb down into the cave to explore occasionally until the land was leased about 100 years later and a small structure was built over the cave opening.

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Health

Oregon utilizes teen volunteers to run their YouthLine teen crisis hotline

“Each volunteer gets more than 60 hours of training, and master’s level supervisors are constantly on standby in the room.”

Oregon utilizes teen volunteers to man YouthLine teen crisis hotline

Editor's Note: If you are having thoughts about taking your own life, or know of anyone who is in need of help, the 988 Suicide & Crisis Lifeline is a United States-based suicide prevention network of over 200+ crisis centers that provides 24/7 service via a toll-free hotline with the number 9-8-8. It is available to anyone in suicidal crisis or emotional distress.

Mental health is a top-of-mind issue for a lot of people. Thanks to social media and people being more open about their struggles, the stigma surrounding seeking mental health treatment appears to be diminishing. But after the social and emotional interruption of teens due the pandemic, the mental health crises among adolescents seem to have jumped to record numbers.

PBS reports that Oregon is "ranked as the worst state for youth mental illness and access to care." But they're attempting to do something about it with a program that trains teenagers to answer crisis calls from other teens. They aren't alone though, as there's a master's level supervisor at the ready to jump in if the call requires a mental health professional.

The calls coming into the Oregon YouthLine can vary drastically, anywhere from relationship problems to family struggles, all the way to thoughts of self-harm and suicide. Teens manning the phones are provided with 60 hours of training and are taught to recognize when the call needs to be taken over by the adult supervisor.

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Pop Culture

Buffy Sainte-Marie shares what led to her openly breastfeeding on 'Sesame Street' in 1977

The way she explained to Big Bird what she was doing is still an all-time great example.

"Sesame Street" taught kids about life in addition to letters and numbers.

In 1977, singer-songwriter Buffy Sainte-Marie did something revolutionary: She fed her baby on Sesame Street.

The Indigenous Canadian-Ameican singer-songwriter wasn't doing anything millions of other mothers hadn't done—she was simply feeding her baby. But the fact that she was breastfeeding him was significant since breastfeeding in the United States hit an all-time low in 1971 and was just starting to make a comeback. The fact that she did it openly on a children's television program was even more notable, since "What if children see?" has been a key pearl clutch for people who criticize breastfeeding in public.

But the most remarkable thing about the "Sesame Street" segment was the lovely interchange between Big Bird and Sainte-Marie when he asked her what she was doing.

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Family

Mom shares her brutal experience with 'hyperemesis gravidarum' and other moms can relate

Hyperemesis gravidarum is a severe case of morning sickness that can last up until the baby is born and might require medical attention.

@emilyboazman/TikTok

Hyperemesis gravidarum isn't as common as regular morning sickness, but it's much more severe.

Morning sickness is one of the most commonly known and most joked about pregnancy symptoms, second only to peculiar food cravings. While unpleasant, it can often be alleviated to a certain extent with plain foods, plenty of fluids, maybe some ginger—your typical nausea remedies. And usually, it clears up on its own by the 20-week mark. Usually.

But sometimes, it doesn’t. Sometimes moms experience stomach sickness and vomiting, right up until the baby is born, on a much more severe level.

Hyperemesis gravidarum (HG), isn’t as widely talked about as regular morning sickness, but those who go through it are likely to never forget it. Persistent, extreme nausea and vomiting lead to other symptoms like dehydration, fainting, low blood pressure and even jaundice, to name a few.

Emily Boazman, a mom who had HG while pregnant with her third child, showed just how big of an impact it can make in a viral TikTok.

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The cast of TLC's "Sister Wives."

Dating is hard for just about anyone. But it gets harder as people age because the dating pool shrinks and older people are more selective. Plus, changes in dating trends, online etiquette and fashion can complicate things as well.

“Sister Wives” star Christine Brown is back in the dating pool after ending her “spiritual union” with polygamist Kody Brown and she needs a little help to get back in the swing of things. Christine and Kody were together for more than 25 years and she shared him with three other women, Janelle, Meri and Robyn.

Janelle and Meri have recently announced they’ve separated from Kody. Christine publicly admitted that things were over with Kody in November 2021.

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Finally, someone explains why we all need subtitles

It seems everyone needs subtitles nowadays in order to "hear" the television. This is something that has become more common over the past decade and it's caused people to question if their hearing is going bad or if perhaps actors have gotten lazy with enunciation.

So if you've been wondering if it's just you who needs subtitles in order to watch the latest marathon-worthy show, worry no more. Vox video producer Edward Vega interviewed dialogue editor Austin Olivia Kendrick to get to the bottom of why we can't seem to make out what the actors are saying anymore. It turns out it's technology's fault, and to get to how we got here, Vega and Kendrick took us back in time.

They first explained that way back when movies were first moving from silent film to spoken dialogue, actors had to enunciate and project loudly while speaking directly into a large microphone. If they spoke and moved like actors do today, it would sound almost as if someone were giving a drive-by soliloquy while circling the block. You'd only hear every other sentence or two.

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